 "FPI ownership in Indian equities hits a life-time high")
The total ownership of foreign portfolio investors (FPIs) in Indian equities hit a record high during the quarter ending June (Q1) as overseas funds continued to invest aggressively. In total, FPIs own 27.5 per cent in the top 75 listed companies, data compiled by Morgan Stanley showed. The FPI ownership increased 59 basis points during the June quarter when these funds net purchased equities worth Rs 11,340 crore ($1.8 billion) from the Indian markets.
The previous peak in terms of FPI shareholding was in September 2016, when foreign investors owned 27.3 per cent in the top 75
The previous peak in terms of FPI shareholding was in September 2016, when foreign investors owned 27.3 per cent in the top 75
